- Finalize Your Business Activities
- Choose a Business Location
- Register a Trading Name for Your E-Commerce Venture
- Apply For an E Commerce License
- Host an Optimized E-Commerce Website
- E Commerce Business In Dubai
Before getting onto discussing How to Open E Commerce Business In Dubai, one needs to understand e-commerce. In broad terms, any economical transaction that takes places digitally is known as e-commerce.
UAE has the most advanced e-commerce market in the MENA region. The study projects that this market is set to achieve an annual growth of 25% between 2018 and 2022. Considering the brighter aspects of the pandemic, shoppers have become more tech-savvy and conscious about exploring crowded stores. Therefore, the potential for e-commerce business is quite high. We will tell you now about E Commerce Business In Dubai
Here are some of the basic components an e-commerce company requires:
What to sell?
Given that international e-commerce giants are already operating in the UAE, you must first figure out what do you want to sell on your platform. Do you already have a trading company and want to sell your products digitally as well or you want to become a reseller?
As a reseller, your website acts as a platform for vendors to connect with consumers. For instance, Amazon and Noon are resellers as they have multiple vendors from across the UAE and abroad selling products via their platform.
However, a trading company can also expand into the digital marketplace by putting up their own products online. Therefore, if you want to start an e-commerce business as a reseller, first figure out which products or services you will be incorporating on your digital platform.
Embrace the digital revolution and unlock endless possibilities with E-commerce.
Building Business Platform
The core medium for e-trading is a digital platform which is a website. Here, the products are displayed along with details, so that the buyers can navigate and make purchases. Thus, an effective website needs to have elements such as:
Customer registration
Bestsellers or offers on homepage.
Product images; categorization
Zoom option for viewing products.
Shipping Details
Contact information and feedback.
Ratings and reviews
Doing the best at this moment puts you in the best place for the next moment! Oprah Winfrey
Trading via social media
Regulating the various social media platforms is a complicated task. In the UAE, traders on those platforms have to register with the National Media Council to avoid unwanted fines.
Banking and payment gateway
Given that the majority of the transactions of your e-commerce business in Dubai will be digital. Given that majority of the transactions of your e-commerce business will be digital, you need to ensure that you have a foolproof solution for monetary transactions. Surely, neither you, nor your vendors and customers would like to lose money or get hacked. You need to tie up with a reliable banking partner or multiple partners. You also need to establish a secure payment gateway giving more feasible options to clients. Some UAE banks also offer customized packages for e-commerce businesses.
Warehouse / Office for E Commerce Business In Dubai
If you are selling goods online, you ideally need to have a storage and sorting facility. Unless you are just starting up and are inspired by the fact that many of the world’s leading businesses began from garages. In the Emirates, you can either have a personal warehouse or lease one.
When it comes to office, however, an eCommerce business in Dubai alongside most other businesses must have a physical address for registration and license related procedures.
Logistics
This is one of the most important aspects ensuring smooth operations of an e-commerce company. Establishing a proper logistics system ensures smooth operations from import to timely delivery of goods.
Customer Care
Post-sale services also need to be considered when you start an e-commerce company in Dubai. Again, for this also you need a team of professionals to deal with feedback and queries from customers. For this service, you may either get an in-house team or opt for outsourcing.</p>
Marketing E Commerce Business In Dubai
With the above steps, you are set to begin operations. Reach out to potential clients by having an effective marketing strategy in place. You need to reach out to your target customers.
Here’s all you need to know on opening E Commerce Business In Dubai:
1. Finalize your business activities in accordance with your requirements. The DED maintains a list of more than 2,000 permissible activities and you can also obtain additional approvals in case a few of them aren’t mentioned in the list.
2. Choose a business location, be it any of the free trading zones or the mainland region. You need a legal address to establish an e-commerce business. Each location has its unique advantages and limitations.
3. Register a trading name for your E Commerce Business In Dubai. Ensure that you follow all the naming convention guidelines while finalizing the name for your e-commerce business in Dubai. Refrain from your derogatory words or terms that are controversial or insulting in any sense.
4. Apply for an eCommerce license once you’re done with all the steps mentioned above. All legal entities in the UAE need to have a valid license to enjoy hassle-free business functioning in the UAE without raising any compliance issues.
5. Host an optimized e-commerce website to drive organic traffic to your online portal and score sales. It’s imperative to have a top-notch website.
